Morgan & Morgan Announces Investigation of Virgin Media
NEW YORK, Feb. 21, 2013 /PRNewswire/ -- Morgan & Morgan is investigating potential claims against the Board of Directors of Virgin Media, Inc. ("Virgin Media" or the "Company") (NasdaqGS: VMED) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Liberty Global Inc. ("Liberty Global") (NasdaqGS: LBTYA).
If you are currently a shareholder of Virgin Media and are interested in learning more about our Virgin Media shareholder lawsuit investigation, please contact George Pressly, Esq. at 1 (800) 631-6234 or email George at firstname.lastname@example.org.
Under the terms of the transaction, Virgin Media shareholders will receive $17.50 in cash, 0.2582 of Liberty Global Class A shares, and 0.1928 of a Liberty Global Class C shares for each share of Virgin Media stock they own, representing a value of approximately $47.87 per share.
Our investigation concerns whether Virgin Media's Board of Directors breached its fiduciary duties to act in the best interests of Virgin Media's shareholders and whether the Board has taken all necessary steps to ensure that Virgin Media's shareholders receive the maximum value readily available for their shares of Virgin Media common stock.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
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Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
New York, NY 10036
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